Unit 5 Impact of Contracts ACNB

Unit 5 Aspects of Contract and Negligence for Business

Impact of Contracts ACNB

Task 1:

1.1: Explain to Peter Abraham how a contract is formed and the importance of the various elements which has to be present to form a contract

1.2: Discuss the impact of forming contracts

1.3: Give an analysis of the following term in contract concerning their meaning and effects as it may apply to Peter Abraham

Task 2:

2.1: Apply the elements of contract in the given business scenarios below

2.2: Apply the law on terms in the following contracts

2.3: Evaluate the effect of different terms in the given scenario

Task 4:

4.1: Apply the elements of the tort of negligence and defences in the given business scenarios below

4.2: Apply the elements of vicarious li ability in given business situations below

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